From March to November 2000, internet stocks dropped by 75% from their highs and $1.8 trillion in value was lost. By the end of the stock market downturn of 2002, overall stocks had lost $5 trillion in market capitalization since the peak. 48% of dot-com companies survived through 2004. On March 2, 2015, the NASDAQ closed above 5,000 for the first time since March 9, 2000. In 2017, the Nasdaq surpassed the inflation-adjusted bubble high from March 10, 2000.

Here we look at the hottest things right now. They are cryptocurrency, blockchain, artificial intelligence and cannabis (Marijuana). What are the claims for ultimate potential? Are they in the early days of very long run ups? Are they late in bubbles?

Eventually cryptocurrencies, like Bitcoin will be used in mainstream situations. Draper predicts Cryptocurrencies will eventually replace credit cards and you will make crypto payments by phone. Cryptocurrency will replace fiat currencies entirely.

There is about $80 trillion worth of fiat currency in the world. Cryptocurrencies will expand that market. Draper says cryptocurrencies will eventually grow to maybe $100 trillion and fiat currencies will fall from $80 trillion to $30 trillion. He thinks Bitcoin might end up with a 20% to 30% market share. Draper predicts it will take 10-15 years to reach $100 trillion. He predicts Bitcoin will be at $250,000 by 2022.

Others predict multi-trillion markets for blockchain. The case is that blockchain will be used to make finance, stock trading and the global supply chain vastly more efficient.

Marijuana – Cannabis legalization in Canada, USA and other countries

There was a peak of around C$31 billion in the valuation Canadian Cannabis companies.

The USA has had legalization in several states and could see nationwide legalization.

If there were broadly legal cannabis industries in the US and other larger markets could be 20 to 100 times as large as what has happened so far in Canada.

Grand View Research forecasts legal global pot sales reaching $146.4 billion by the end of 2025. Aaron Salz, the founder and CEO of Toronto-based Stoic Advisory believes the global pot market could reach $1 trillion in a decade or less.

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Once dismissed by cynics as a “conspiracy theory the New World Order is rapidly becoming a reality. We look at its origins, how it operates and how it affects the lives of everyone.
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